2 Bed Terraced House, Single Let, Felixstowe, IP11 9DX, £197,000

King Street, Felixstowe, IP11 9DX - 1 views - 2 months ago

Sold STC
BTL
ROI: 1%
~68 m²
+9 photos

ValuationUndervalued

Sold Prices£123.5K - £475K
Sold Prices/m²£2.1K/m² - £4.9K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.9K/m²

Value Estimate

£237,523
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£49,250

Stamp Duty & Legal Fees

£7,110

Total Cash In

£56,360

 

 

Cash Out

 

Rent Range

£820 - £1,100

Rent Estimate

£863

Running Costs/mo

£808

Cashflow/mo

£55

Cashflow/yr

£657

ROI

1%

Gross Yield

5%

Local Sold Prices

51 sold prices from £123.5K to £475K, average is £205K. £2.1K/m² to £4.9K/m², average is £3.5K/m².

PriceDateDistanceAddressBeds 
£180K02/210.01 mi49, King Street, Felixstowe, Suffolk IP11 9DX2
£150K08/210.01 mi31, King Street, Felixstowe, Suffolk IP11 9DX2
£179K01/210.05 mi75, Maidstone Road, Felixstowe, Suffolk IP11 9EE2
£179K01/210.05 mi75, Maidstone Road, Felixstowe, Suffolk IP11 9EE2
£189K06/210.05 mi89, Maidstone Road, Felixstowe, Suffolk IP11 9EE2
£178K06/210.07 mi6, Maidstone Road, Felixstowe, Suffolk IP11 9ED2
£234K05/230.17 mi30, Church Lane, Felixstowe, Suffolk IP11 9DJ2
£345K11/220.18 mi12, Ascot Drive, Felixstowe, Suffolk IP11 9DW2
£242K02/230.2 mi34, Ataka Road, Felixstowe, Suffolk IP11 9DH2
£166K11/200.21 mi157, Maidstone Road, Felixstowe, Suffolk IP11 9EQ2
£240K12/220.21 mi183, Maidstone Road, Felixstowe, Suffolk IP11 9EQ2
£198K04/210.22 mi40, Graham Road, Felixstowe, Suffolk IP11 9BL2
£152.5K04/210.23 mi151, Maidstone Road, Felixstowe, Suffolk IP11 9EQ2
£280K05/230.28 mi154, High Road West, Felixstowe, Suffolk IP11 9BB2
£255K11/220.33 mi8, Kemsley Road, Felixstowe, Suffolk IP11 9AP2
£194K10/200.37 mi17, Grange Close, Felixstowe, Suffolk IP11 2JF2
£205K11/200.37 mi24, Winston Close, Felixstowe, Suffolk IP11 2FA2
£205K11/200.37 mi24, Winston Close, Felixstowe, Suffolk IP11 2FA2
£237K05/210.38 mi9, Lawn Way, Felixstowe, Suffolk IP11 7TG2
£205K12/200.38 mi17, Lawn Way, Felixstowe, Suffolk IP11 7TG2
£178.5K12/200.44 mi44, Cricket Hill Road, Felixstowe, Suffolk IP11 2LG2
£230K10/220.45 mi18, Runnacles Way, Felixstowe, Suffolk IP11 2FE2
£215K01/230.46 mi52, Cricket Hill Road, Felixstowe, Suffolk IP11 2LG2
£190K09/210.5 mi11, Holbrook Crescent, Felixstowe, Suffolk IP11 2NE2
£175K12/200.53 mi1, Shotley Close, Felixstowe, Suffolk IP11 2NG2
£195K07/210.54 mi3, Rendlesham Road, Felixstowe, Suffolk IP11 2YP2
£160K12/200.54 mi40, Rendlesham Road, Felixstowe, Suffolk IP11 2YP2
£195K07/210.54 mi3, Rendlesham Road, Felixstowe, Suffolk IP11 2YP2
£215K07/210.54 mi10, Sprites End, Trimley St Mary, Felixstowe, Suffolk IP11 0XS2
£252K11/200.58 mi2, Welbeck Close, Trimley St Mary, Felixstowe, Suffolk IP11 0TD2
£230K10/210.59 mi5, The Kempsters, Trimley St Mary, Felixstowe, Suffolk IP11 0XR2
£325K06/210.59 mi15, Goyfield Avenue, Felixstowe, Suffolk IP11 7RX2
£475K12/220.63 mi51, Mill Lane, Felixstowe, Suffolk IP11 2NL2
£290K03/230.63 mi46a, Mill Lane, Felixstowe, Suffolk IP11 2NL2
£220K01/210.65 mi25, Chatsworth Crescent, Trimley St Mary, Felixstowe, Suffolk IP11 0TE2
£195K01/210.65 mi45, Chatsworth Crescent, Trimley St Mary, Felixstowe, Suffolk IP11 0TE2
£190K02/210.65 mi37, Chatsworth Crescent, Trimley St Mary, Felixstowe, Suffolk IP11 0TE2
£250K08/230.65 mi37, Chatsworth Crescent, Trimley St Mary, Felixstowe, Suffolk IP11 0TE2
£250K08/230.65 mi37, Chatsworth Crescent, Trimley St Mary, Felixstowe, Suffolk IP11 0TE2
£220K06/230.67 mi2, Brightwell Close, Felixstowe, Suffolk IP11 2YJ2
£179K03/210.68 mi129, Grange Road, Felixstowe, Suffolk IP11 2LE2
£270K12/220.69 mi140, Mill Lane, Felixstowe, Suffolk IP11 2LL2
£195K02/230.7 mi66, St Andrews Road, Felixstowe, Suffolk IP11 7BT2
£270K04/210.71 mi46, Queens Road, Felixstowe, Suffolk IP11 7QU2
£330K08/230.71 mi50, Haven Close, Felixstowe, Suffolk IP11 2LF2
£225K05/210.72 mi93, Mill Lane, Felixstowe, Suffolk IP11 2LN2
£161.2K05/210.73 mi66, Blyford Way, Felixstowe, Suffolk IP11 2FW2
£123.5K02/230.73 mi19, Blyford Way, Felixstowe, Suffolk IP11 2FW2
£315K02/210.73 mi2a, Chaucer Road, Felixstowe, Suffolk IP11 7RS2
£280K06/210.73 mi10, Chaucer Road, Felixstowe, Suffolk IP11 7RS2
£192.5K01/230.78 mi14, Punchard Way, Trimley St Mary, Felixstowe, Suffolk IP11 0XU2

Local Rents

13 rents from £820/mo to £1.1K/mo, average is £950/mo.

RentDateDistanceAddressBeds 
£1,00006/240.12 miLongcroft, Felixstowe2
£87512/230.16 mi-2
£95005/240.18 miHigh Street, Felixstowe2
£95006/240.18 miHigh Street, Felixstowe2
£87505/240.22 miMargaret Street, Felixstowe, IP112
£99505/240.31 miWalton Hall Drive, Felixstowe2
£99506/240.31 miWalton Hall Drive, Felixstowe2
£82006/240.32 miBredfield Close, Felixstowe2
£1,05004/240.44 miRunnacles Way, Felixstowe2
£1,10005/240.5 miHolbrook Crescent, Felixstowe2
£85004/240.5 miThe Downs, Felixstowe2
£90003/240.51 miAldringham Mews, Felixstowe, Suffolk, IP112
£90004/240.51 miAldringham Mews, Felixstowe2

Local Area Statistics

Population in IP11

29,290

Population in Felixstowe

29,294

Town centre distance

0.62 miles away

Nearest school

0.10 miles away

Nearest train station

0.63 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

0%

Sales demand

Balanced market

Capital growth (5yrs)

+16%

Property History

Listed for £197,000

February 12, 2025

Floor Plans

Description

  • Ideal first time purchase or buy to let investment +
  • Two bedrooms +
  • Two reception rooms +
  • Modern kitchen & bathroom +
  • Viewing recommended +
  • Garden +
  • Gas Central Heating Combi Boiler +

This charming two-bedroom terraced house would be an ideal first home. Well located for good local schools, the quaint high street of Walton, and the nearby recreation grounds, it also offers easy access to Felixstowe town centre, and the vibrant seafront. The property has benefited from some cosmetic updating and features one double and one single bedroom, UPVC double glazing throughout, gas central heating, two spacious living areas, an upstairs bathroom, and a well-sized garden. 

Property additional info

Reception Room One: 3.66m x 3.33m (12' x 10' 11")
New composite partially glazed front door opens into reception room one, window to front aspect, radiator, carpet, coving to ceiling, chimney breast. Door to reception room two.

Reception Room Two: 2.65m x 3.33m (8' 8" x 10' 11")
Under the stair storage cupboard, window to rear aspect, door to inner landing and stairway, chimney breast, carpet, radiator, coving to ceiling door to kitchen.

Kitchen: 3.93m x 2.10m (12' 11" x 6' 11") at widest point
Wood effect laminate worktops with modern white eyelevel cupboards above and cupboards matching with drawers below, insert Cooke & Lewis composite sink with mixer tap, insert Cooke & Lewis induction hob and double oven below, space for fridge freezer, space for washing machine, wall mounted gas Combi boiler, windows to side aspect, fully glazed door to side aspect, feature lighting to ceiling, radiator, tiled flooring.

First Floor Hallway: 4.23m x 0.72m (13' 11" x 2' 4")
Hatch to loft, carpet, electrical consumer unit.

Bedroom One: 3.65m x 3.31m (12' x 10' 10") Into our coves
Windows to front aspect, radiator, chimney breast, built-in cupboard, carpet, coving to ceiling.

Bedroom Two: 2.35m x 2.79m (7' 9" x 9' 2")
Window to rear aspect, radiator, built-in cupboard, carpet, coving to ceiling, chimney breast.

Bathroom: 2.76m x 2.08m (9' 1" x 6' 10")
Window to rear aspect, fully tiled walls, vinyl flooring, vanity unit comprising of two drawer unit with porcelain sink hand wash basin above, feature curve edge bath with central shower mixer taps, radiator, coving to ceiling, inset spotlights.

Back Garden:
Rough size is 61.4 sq meter Brick built shed 1.96m ×1.34m This extends out from the rear of the house and has a pitched roof covered in slate tiles. Garden is mainly laid lawn with a concrete pathway leading to the back gate with rear access pedestrian. Raised wooden decking area at the end of the garden.

Additional Information:
Wainwrights Estate & Lettings Agent Ltd. Co No. 14699401. Trading Address: 156-158 Hamilton Road, Felixstowe, Suffolk, IP11 7DS. Misrepresentation Act 1967 and Property Misrepresentations Act 1991. This advertisement or these particulars do not constitute any part of an offer or contract. All measurements are given as a guide, and no liability can be accepted for any errors arising from. No responsibility is taken for any other error, omission, or misstatement in these particulars not for any expenses incurred by the applicants for whatever reason. No representation or warranty is made in relation to this property whether in these particulars, during negotiations or otherwise. Intending purchasers will be asked to produce identification documentation and proof of funds at a later stage. Wainwrights has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor. Council tax band A. April 2024 - 31st March 2025: £1,405.33

Roof type: Slate tiles.

Mobile signal/coverage: Good.

Flooded in the last 5 years: No.

Construction materials used: Brick and block.

Water source: Direct mains water.

Electricity source: National Grid.

Sewerage arrangements: Standard UK domestic.

Heating Supply: Central heating (gas).

Broadband internet type: FTTC (fibre to the cabinet).

Parking Availability: No.

Agent Details

Wainwrights Estate & Lettings Agent Ltd, Felixstowe

01394 331172

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪